COMMERCIAL.

Oamaru Mail, Volume XXXVIII, Issue 10580, 8 October 1910, Page 6

COMMERCIAL.

HOME MARKETS.

£Br ELECTRIC'TJiEGRAPH—CoPTRIGHT.]

(Per Press Association.)

Received October 7, at 2.30 p.m. ...\.. London, October i There -was a good selection at the wool sales and better competition. Prices generally were equal ' to those of last Waihi Grand Junction, 35s to 3t>s del. Received October 7, at 8 p.m _ London, October /.. Bank of England returns: Com £32,940,000, reserve £24,687,000 proportion of reserve to liabilities 4/.6/, in circulation £28,176 000, public deposits £7,619,000, other deposits £o4,142;O00, Government securities £14,981,00U, other securities £29,792,000. ' The bank rate is 4 per cent. Consols. £Bl 2s 6d. " ' Colonial Government stocks: New South Wales 3's £B6 7s 6d; South Australian, 3i's £97 17s 6d-New Zealand, 4's £lO3 10s, 3i's £9B, 3's £B6 is 6d; Westralian, 3Vs £96, 3's £B6 10s; oilier 6tocks unchanged. . Butter is steady. Danish 11/s to 119s- choicest Australian • (salted), to 114s (occasionally 116s). Secondaries are neglected at 106s to 110s; unsalted, 114s to 116s, and in exceptional cases reaches 118s. The quality of the new season's make is generally satisfactory. Wheat—September-October shipment, 38s; New South Wales, SeptemberOctobsr shipment-, 365. l<or South Australian parcels afloat there is little inquiry l . Australian on spot is m good demand. A New Zealand Tuscan shipment sold it 32s The mirkcts aid firm hut inactive Bincrs arc waiting and'holders «nc hot, pressing sales The crop liens is unitoiinh «ood from the Argentine Inferiot wheats are likeh to be abundant and superior s-arce Foi an Australian JanuarjFebnnn shipment 37s 6d is asked, and 38s 3d for a South Vustiali.in shipment Iron, 49s 2ld Sneltir, £23 los The Biadford liool market is quiet Sixh-fours make 29d, sivties supei 28d, common 56's 24d, 50's 20|d, 46's 16? d, i, 40's lod. Topmakers are offering forward at lower prices i Flour is flat and unchanged. Oats—New Zealand is in small supply ■ but prices remain unchanged La 3 Plata October-November shipment makes 13s 6d 3 Copper —On spot, ~£ao J./S 6d? vthree months, £56 15s, electrolytic, £SB 10s. 1 >y m —Forward dchveij, £ls8 v los.. . r Received Octobei 8j at 8.5 a.m. London, October.; 7. „ r • Ab»the wool sales tlie, Ngakojiui/clip - w.xs sold,'thc'-top'piice''-be]ng 13d and tlii! axeiage UJd, Kapatonc 21M'and 3 21d. , *~* '' i"-» r '' v At' the Rabbit skin -sales 3Q50 .bulls' dies' were offeicd Sales showed slu avciage advance of a half-p6irriy"birlate fates lor medium'funed' goods to Id for light, with racks unchanged CHRISTCHURCH MARKETS (Per Tress Association.) ju < Cliristeliurch, October 7 The wlxeat market os stifl in a verj quiet state, ' and only a few lots arc changing hands for shipping pmposes eithei between grower and merchant or between merchants The demand, is limited to those who have not yet filled theii requn emnts, and bejond this no business atfpears to have,\heen done: Sales have been made of shipping parcels at 3s foi Hunters and Tuscan and 2s lid for Hunters. Fowl wheat has also been pm chased at 2s 6d at counfciy stations. Oatt. aie firmei, but' very few aie offering, and chaff ha s advanced 5s per ton, tlio continued dry weather affecting the demand for both oats and chaff " Potatoes are him at £7 10s, and supplies are scaice. PROPERTY -SALES. The North Otago Farmers' Co-opera-tive Association (Ltd.) report having sold privately duringtthe v las't few weeks the undermentioned faims at very satisfacton prices to vendors.— " ' On account George Patterson, Kurow, his 1 l.p of nine acres, with improvements, to Mrs Cairns. On account W. C " Bell, -Duntioon, 95 acres freehold, to Alex. Smith." On account G T Jardine, Duntroon, his l.i p of 72 acres, together with im-' provements and stock, as d. going concern, to George Patterson. . On account Alex. Wilson. Duntioon, his l.i p of 54 acres, to John' Duncan. On accouwtrD Whitlock, Livingstone, his grazing run of 1400 acres, together with improvements and stock, as a going concern, to WnT Barrie. s. In conjunction with Guinness and LeCrcn, ou account James J Carson, Enfield, his freehold of 202 acies, to Robot Mejnell. ~ ~" DUNEDIN MARKETS. (Otago-Daily Times ) The wheat position in New Zealand remains vei> stagnant, and„the market is, if anything, showing signs of weakness It is tepofted from-'Ghristchurch that f a q and Hunters quality for which a fortnight ago 3s 6d fob., si , can now _be bought at from 3s" 4d to 3s 4Jd 'per bushel Milters also advise that wheat for which on trucks'they were asked 3s 5d a fortnight and> 10 days ago has been purchased at 3s 3d per bushel Millers' purchases have, howevei, been on the light side, and they take only those lines which lepiesent a baigam In \elvet wheat the price being asked *s still about 3s 9d--and 3s lOd on trucks, but there is no recoid of anj sales li.mng taken place at this-figure. The 1 m.uket is vei > slack, taken all through, and no life is manifested in any direc ( tion. The tanff of the Flourmillers' Association for flour and other lines is as follows —Flout. Sacks, £9 ss; 1001b, 'bags, t £9 15s, 501b bags, £10; 251b bags, £lO 5s Oatmeal, £ll 10s per ton. Pearl barley, £l3 10s per ton. Bran, £4 per ton. Pollard, ,£5 per ton. The oat market shows no morte life than the wheat market; Neither farmers nor nnlleis show signs of activity, and prices stand at the 1 level of f last week. The Auckland mquirj is i small, and as a mattei of fact an offer 1 has' been received locally to sell back J to Dunedin A grade quahtj at Is lljd 1 f.0.b., s l The seed demand has now < all- : gbhe off and the price in Canter- ] bury, has fallen 1 now practically to the i leydrof the Bluff. i

■| Ths> price of bran has been ad\anced 5s per ton, and now stands at £4 per fori.. ; Outside shipping business is -beingidone at £3 los per ton The tqbhsuihptibri ofbran has overtaken sup,ply>bpih rliere and in Melbourne, where a "firming : is.' also being experienced.